Warning for anyone with a side hustle to act quickly and avoid fines of up to £100
FREELANCERS, consultants and anyone with a side hustle or newly self-employed are running out of time to avoid a hefty fine from the taxman.
Workers who received income in this way between April 2023 and 2024 need to register to complete a self-assessment tax return.
GettyYou may need to register for self-assessment if you earn income from a side hustle[/caption]The deadline to do this is looming on October 5, 2024.
If you fail to register in time you could face a fine of £100.
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